Tuesday, May 7, 2013

Discipline in Preparing for the Dips

Listening to the media coverage of the annual Berkshire Hathaway (BRK.A) meeting or party, it reminded me of a huge part of a successful investment strategy, which is a key to really making good money in the market. It's not the accurate dissection of data of a specific company, although that is important; neither is it the identification of a firm that has a solid, competitive moat in place that guarantees long-term growth. That is also vital to investment success, but it's all secondary to what we're going to talk about in this article.

Continue reading on how to prepare for investment deals of a lifetime


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